JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Hits New 12-Month High – Here’s Why

JPMorgan BetaBuilders Canada ETF (BATS:BBCA)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $107.86 and last traded at $107.80, with a volume of 86401 shares traded. The stock had previously closed at $107.11.

JPMorgan BetaBuilders Canada ETF Stock Performance

The company has a market capitalization of $11.15 billion, a P/E ratio of 19.87 and a beta of 0.95. The business’s fifty day simple moving average is $102.62 and its 200-day simple moving average is $99.53.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BBCA. Alaska Permanent Capital Management LLC increased its stake in JPMorgan BetaBuilders Canada ETF by 0.6% in the 1st quarter. Alaska Permanent Capital Management LLC now owns 18,396 shares of the company’s stock worth $1,730,000 after acquiring an additional 112 shares during the last quarter. O Shaughnessy Asset Management LLC raised its position in shares of JPMorgan BetaBuilders Canada ETF by 2.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,146 shares of the company’s stock valued at $479,000 after buying an additional 113 shares in the last quarter. Simon Quick Advisors LLC raised its position in shares of JPMorgan BetaBuilders Canada ETF by 5.1% during the 1st quarter. Simon Quick Advisors LLC now owns 2,474 shares of the company’s stock valued at $233,000 after buying an additional 119 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of JPMorgan BetaBuilders Canada ETF by 24.2% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 811 shares of the company’s stock valued at $71,000 after acquiring an additional 158 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in JPMorgan BetaBuilders Canada ETF by 3.2% in the third quarter. Brown Brothers Harriman & Co. now owns 5,872 shares of the company’s stock worth $512,000 after acquiring an additional 184 shares in the last quarter.

About JPMorgan BetaBuilders Canada ETF

The JPMorgan BetaBuilders Canada ETF (BBCA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap Canadian equities. BBCA was launched on Aug 7, 2018 and is managed by JPMorgan Chase.